Alfa-Bank

Alfa Bank JSC, the corporate treasury of the Alfa Group, is one of the largest private commercial banks in Russia.[5] It was founded by Russian businessman Mikhail Fridman, who is still the controlling owner today. It is headquartered in Moscow. It operates in seven countries, providing financial services to over 381,600 active corporate customers and 14.2 million retail clients.[6] Alfa-Bank is particularly active in Russia and Ukraine, ranking among top 10 largest banks in terms of capital in both countries.[7][8][9] In the 2009 edition of the Top-1000 World Banks, a survey by The Banker magazine, Alfa-Bank was placed 270th.[10]

2001 – By the end of first quarter, loan portfolio reaches $1 billion; Alfa-Bank opens a subsidiary in New York City, Alfa Capital Markets, a NASD (now Financial Industry Regulatory Authority (FINRA)) regulated company set up to provide brokerage and investment services in North and South America. Emerging Markets Investor and Global Finance name it "Best Bank in Russia". Alfa-Bank becomes 100 percent owner of Amsterdam Trade Bank N.V. and thereby acquires a full banking licence in the European Union.

2003 – Unauditedfinancial statements reveal record high growth in profits in 2002 (loan portfolio increased 70% to $1.4 billion, assets surged 51%, while net income rose by more than a third). Alfa-Bank, in partnership with the Lauder Institute of the Wharton School of Business, establishes a new award for "Excellence in Foreign Investment", which would be presented to foreign companies operating in Russia for weighty contribution to the corporate governance and successful business operations. Alfa-Bank draws $82 million unsecured syndicated loan, the biggest on record among private banks. S&P, Fitch, and Moody's upgrade Alfa-Bank's rating during the year.

2004 – Alfa-Bank tops the list of financial consultants by deals value, completing $8.9 billion worth of transactions in 2003. Alfa-Bank's loan portfolio grows by 52% year-over-year, reaching $2.8 billion. It wins a $10 million defamation settlement against the Russian newspaper Kommersant, which had published an article on financial difficulties at the bank, which suffered a substantial run on deposits and contributed to a mini banking crisis over the summer.[13]

2006 – Alfa-Bank completes the country’s first securitisation of diversified payment rights with a $350 million deal. Unaudited first quarter management International Financial Reporting Standards figures show total assets breaking the $10 billion mark for the first time in company's history.

2007 – In connection with the closure of Sodbiznesbank in 2004, Alfa-Bank is searched by Russian police in September.[14] Fitch upgrades Alfa-Bank's rating.[15]

2008 – Alfa-Bank seeks $400 million government loan in October.[16] It deploys 20,000 AladdineToken USB smartcard devices to its online customers.[17] The bank acquires Severnaya Kazna, a major regional bank operating in the Urals region.[18]

On 10 March, CNN reported that the FBI was continuing to investigate the unusual computer activity between Alfa-Bank and the Trump Organization which had occurred in the summer of 2016, and which had been reported in the media just before the U.S. presidential election.[27][32] Also in March, Alfa-Bank was the target of Ukrainian protests.[33]

In July, BuzzFeed News publishes that, from December 2014 to the summer of 2017, numerous suspicious money transfers occurred among Paul Erickson's accounts including Well Fargo Bank accounts, an undisclosed law firm, the NRA, Jack Abramoff's son Alex and Jack's brother Robert company Landfair Capital Consulting, which was started in March 2017, and Maria Butina's Alfa-Bank account.[45] Investigators from Wells Fargo reported these suspicious money transfers to the United States Treasury's Financial Crimes Enforcement Network (FinCEN) and to the FBI.[45]